Likewise Group Plc (GB:LIKE) has released an update.
Likewise Group PLC, a UK floor coverings distributor, reports a 12.9% increase in sales to £139.5 million for FY23, with an underlying EBITDA of £7.9 million. The company also announces a proposed final dividend increase of 25% and highlights operational milestones such as the processing of its first £1 million single-day order intake and an 8.7% sales increase to the end of April 2024. Significant infrastructure investments have been made to support medium-term objectives, despite a temporary impact on profitability.
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